Overview
What is Kipp Tulsa Academy College Prep Inc?
Kipp Tulsa Academy College Prep Inc, located at 1661 East Virgin Street, Tulsa, OK 74106, is a dedicated nonprofit organization. Its primary objective is to offer opportunities for students to reach their full potential, addressing both academic, emotional, and social needs. The organization, with a workforce of 97 individuals, focuses on preparing students from underprivileged neighborhoods in Tulsa, Oklahoma, equipping them with the necessary academic, character, and life skills to excel in college and thrive in the competitive world beyond.
Official website here: www.kipptulsa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Kipp Tulsa Academy College Prep Inc has received a high rating of 94% from Charity Navigator, indicating strong accountability and financial management. The organization demonstrates a commitment to transparency, with 100% of its board members being independent and various policies in place to prevent conflicts of interest and ensure proper governance.
Strengths include a solid program expense ratio of 74.51%, reflecting that a significant portion of its budget is directed towards its educational programs. The organization has also shown no material diversion of assets and maintains a favorable liabilities to assets ratio of 18.28%, suggesting sound financial health. However, there are some areas for improvement, such as the absence of board meeting minutes on their website and missing tax forms, which warrant attention to enhance overall transparency.
Despite these limitations, the overall high score underscores Kipp Tulsa Academy College Prep Inc's effectiveness in managing resources and serving its educational mission. The organization's financial practices are robust, contributing positively to its reputation within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Kipp Tulsa Academy College Prep Inc legitimate?
Kipp Tulsa Academy College Prep Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kipp Tulsa Academy College Prep Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,323,980
For more financial information, click here
Official website here: www.kipptulsa.org
What is the mission statement of Kipp Tulsa Academy College Prep Inc?
Kipp Tulsa Academy College Prep Inc aims to equip students from educationally underserved communities with the necessary academic, character, and life skills to succeed in college and the competitive world beyond. The organization's mission is to provide opportunities that enable all students to reach their full potential, addressing not only their academic needs but also their emotional and social requirements. This holistic approach prepares each student for their future, ensuring they are well-equipped to navigate the challenges of higher education and beyond.
Official website here: www.kipptulsa.org
Who is the CEO of Kipp Tulsa Academy College Prep Inc?
Darius Kirk is the Executive Director of Kipp Tulsa Academy College Prep Inc.
Official website here: www.kipptulsa.org
What is the revenue of Kipp Tulsa Academy College Prep Inc?
Kipp Tulsa Academy College Prep Inc's revenue in 2022 was $6,515,137.
Official website here: www.kipptulsa.org
Who are the executives of Kipp Tulsa Academy College Prep Inc and what are their salaries?
The average compensation at Kipp Tulsa Academy College Prep Inc during 2022 was $34,268. There are 97 employees at Kipp Tulsa Academy College Prep Inc.
Here are 8 key members and their salaries:
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Official website here: www.kipptulsa.org
Where can I find the form 990 for Kipp Tulsa Academy College Prep Inc?
Kipp Tulsa Academy College Prep Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kipptulsa.org
Learn more at the official website: www.kipptulsa.org
Mission Statement of Kipp Tulsa Academy College Prep Inc
Kipp Tulsa Academy College Prep Inc is committed to preparing students from educationally underserved neighborhoods in Tulsa, Oklahoma, with the academic, character, and life skills necessary for success in college and beyond. Their mission is to provide opportunities for all students to reach their optimal level of achievement, addressing not only their academic needs but also their emotional and social needs. By doing so, Kipp Tulsa Academy College Prep Inc aims to prepare each student for their future in the competitive world, ensuring they are well-equipped to excel in their academic pursuits and beyond.
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Impact
July, 2024
Kipp Tulsa Academy College Prep Inc has a significant impact by preparing students from educationally underserved neighborhoods in Tulsa, Oklahoma with the academic, character, and life skills necessary for success in college and the competitive world beyond. Their mission is to provide opportunities for all students to reach their optimum level of achievement by addressing not only academic needs but also emotional and social needs, effectively preparing each student for college. Their focus on education is crucial for empowering students to excel and overcome barriers to success, ultimately creating a positive impact on the community and the future workforce.
This information is meant to be a general summary of Kipp Tulsa Academy College Prep Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $615
- Program Service Revenue: $211,910
- Gross Receipts: $6,515,137
Assets and Liabilities:
- Total Assets: $1,679,159
- Total Liabilities: $417,313
- Net Assets: $1,261,846
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REIMBURSEMENTS
Revenue
$176,370
ACTIVITY FUND REV
Revenue
$35,540
Organization Details
Founding Year
2004
Principal Officer
Darius Kirk
Main Address
1661 EAST VIRGIN STREET, TULSA, OK, 74106
Website
www.kipptulsa.orgNTEE Category
Code: B25 - Education
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